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They have lied and mislead us with every tweet and PR for a year. If hadn't already lost so much money and still holding, and if I didn't have so much respect for other shareholders,I wouldn't care if they went bankrupt. All they owe us is facts and the truth. They have failed.
The PR's and tweets this company sends out are awful. Misleading, grammatically poor, misleading, false, misleading, premature and misleading. I believe their poor attempts at communicating has harmed the share price more than the delays.
I emailed the IR dept on Monday. Can you believe I haven't heard a response yet?
if i were you, i would probably change my 2021 qtr 4 forecast to ZERO. the FCC certification that was supposed to come two weeks ago still isn't here. If they ship one mirror this year I will be shocked. Frankly, I am sick and tired of the misleading and false PR's.
i have a hard time believing GNBT was not aware of this. How could they not be? How could a ticker suddenly start trading with restrictions on selling shares but no restrictions on buying? This sounds shady AF. Today my dividend shares went from 4000 to ZERO. I certainly won't be shocked if in the end I get nothing.
Amen brother
and now that they disappeared off of my tdameritrade account I worry that I will never see them again. Everything about this company is a cluster f
I went from 4000 to 0.
Once everyone figures this "pandemic" was a product of media induced hysteria, this will die out and everyone hoping to make a quick buck will be left empty handed.
RUN RUN RUN. Lost my ass on this stock. Didn't do my DD. Read their PR's and took them for their word. If you like losing money, this is the one to buy. Got a 40% dividend and STILL lost a lot of money. Will get 4000 FREE shares of NGIO (that is IF it ever spins off) and will STILL lose money.
This will turn out just like the SARS pandemic. Everyone rushed to come up with a vaccine. Then the disease ran its course, the media forgot about it, and the vaccine was never developed because there was no $$$ to proceed.
LOL. Just another example of a PR announcement that doesn't end up happening. Deja vu......
I disagree. It is NOT wrong for them to buy more shares on the open market. It would tell me as a stockholder they have confidence in their company. I also do not agree receiving stock options is the same as buying. One is given to them as part of their job, the other makes them open their check book. I have had stock in this company for close to a year and I have not seen them follow through on anything they said they would do. And before you say "look at the dividend", keep in mind that dividend was supposed to be 1:1 not 2:5.
Most of the shares they own were "given" to them as part of their compensation. They didn't open their wallets and purchase shares. To me you and I have skin in the game because we put earned money into purchasing shares. Their shares were given to them as compensation. They have every right to purchase additional shares on the open market and have failed to do so. If I was an insider confident this was a $5 or $10 stock and it was selling for 50 cents, I would be backing the truck up to the dock and filling it up.
Not sure I really like that either.....where are they getting their income for living expenses. Somehow they have to pay the bills.
We will have to agree to disagree. Purchases by directors and other insiders shows confidence in a company. I want to see officers and directors with some skin in the game.
They agreed to not be eligible for the stock dividend, but that does not preclude them from buying additional stock with their own money. If they had confidence in the business they should have been putting some of their own money towards buying stock.
Or maybe they looked and noticed that NOT EVEN ONE insider has bought this stock. Even when it was half a dollar. Last insider purchase was in December 2018.
This is my first time to get stock dividends so whatever happens will be a learning experience. It just seems odd that an account could show 4,000 shares of a stock that hasn't even had an S-1 approved yet. Not arguing.....just seems weird.
I had 10,000 shares of GNBT. I am still showing 10,000 shares of GNBT with 4,000 shares of Antigen Express at zero value. However, I am anticipating those shares will go to GNBT and Antigen Express will disappear. I don't see how a brokerage account could show 4,000 shares in a company that technically does not exist. We will see what happens but I am anticipating not seeing the NGIO shares on our accounts until after the IPO.
TD Ameritrade is showing 4000 shares (which is correct) of Antigen Express Inc with no value. Guessing it will get finalized in the next day or two.
neogn8 Tuesday, 02/25/20 10:47:24 PM
Re: None 0
Post # of 11044
Just checked my schwab account and was surprised to see the divi paid in full. But I'm disappointed that the NuGenerex shares are not 2:5. I should have gotten the same amount of share as GNBT but NuGenerex is off by 724 shares. Is anyone getting the same problem? Are the ratio for your GNBT divi different from your (NGIO?) divi?
Something is wrong. The IPO for NGIO has not been issued yet.
Gitzstv Sunday, 02/23/20 11:09:00 AM
Re: dumbassluadd post# 10978 0
Post #
10981
of 11036
Who thinks there will be a divdend tomorrow or will they make another lame excuse??
So you believe it now?
As of 10:04pm Central time on 02/25/2020 it has not been posted to my account yet. So no. LOL.
TD Ameritrade account has not changed as of 10:04 pm Central Time on 02/25/2020.
Well if it is $8.00 I will have 4000 shares for sale immediately. LOL.
Do we even know what the NGIO IPO price will be?
Well lets just say I am not holding my breath. LOL. I am also not going to hold my breath that NGIO will ever have stock issued. Call me skeptical. But then again anyone who is not skeptical has not done any due diligence.
This article was from October of 2019. Is anyone aware of exactly when NGIO will actually become a publicly traded company?
https://www.globenewswire.com/news-release/2019/10/15/1929826/0/en/Generex-Biotechnology-Announces-Merger-with-Public-Vehicle-for-Public-Trading-of-NuGenerex-Immuno-Oncology.html
**Shareholders to receive 2 to 5 stock dividend of Generex Biotechnology shares plus an additional 2 to 5 stock dividend of NuGenerex Immuno-Oncology shares
Misspoke......my mind was back when they promised 1:1 instead of 2:5
See a price drop from now into the almost doubling of the number of shares available on the market......wouldn't surprise me if we see a first number of 3.
Well over $4 last week. Offering at $3. What an effing crock of crap. Price manipulation so insiders and tutes can buy more stock at a reduced price. Retail holders don't even get a free jar of vaseline.
AGRX really crappy timing of FDA approval (after hours on Friday before a long weekend), combined with a potential offering diluted this stock. Can't help but believe they are wanting to keep a lid on the stock price.
How can it not be considered a dilution? Basically increasing the number of shares by a little less than 50% while not making any changes to the core business, which has not accomplished anything over the last year except for running out paid youtube testimonials.
How can it not be considered a dilution? Basically increasing the number of shares by a little less than 50% while not making any changes to the core business, which has not accomplished anything over the last year except for running out paid youtube testimonials.
https://seekingalpha.com/filing/4829393?utm_medium=email&utm_source=seeking_alpha&mail_subject=gnbt-generex-biotechnology-corporation-sec-filing-securities-registration-statement-s-1-february-18-2020&utm_campaign=rta-stock-filings&utm_content=link-1
stock is selling at 64 cents and we have a 55 cent offering.....jeez. Guess I should have bought stock in a Vaseline company.
Love seeing some positive comments for a change. However, I am still taking the stand I will believe it when I see it. A series of broken promises and a free fall in the stock price from July 22. And the stock dividend doesn't excite me much as it appears it will just be a major dilution. Hope I am wrong but at age 60 I am not sure I will ever get my $1.62 per share back. Someone talk me in off the ledge. LOL
Agreed Gitzstv! Unfulfilled promises followed by changed promises also unfulfilled. And it probably won't be long before they run low on cash and have to further dilute the value of our shares with a secondary stock offering.
And that great publicity is good for a 7.39% drop in the stock price, closing at pretty much the low of the day.
DIVIDEND. LOL. At least I know someone read my post. LOL.